Ares Capital reports Q4 core EPS 55c, consensus 58c

“With our fourth quarter’s results, we concluded another successful year for the company where stable credit performance and a record year of investing supported strong earnings and further growth in book value per share,” said Kipp deVeer, CEO of Ares Capital (ARCC). “As we enter 2025, we believe we are well positioned for what we expect will be an increasingly active investing market for acquisition finance and growth capital opportunities.” “Through year-end 2024, we have now paid over 15 consecutive years of stable or growing regular dividends while continuing to increase our book value for shareholders,” said Scott Lem, Chief Financial Officer of Ares Capital. “Our ability to deliver this attractive level of long-term performance is supported by the strength of our balance sheet, which we believe is a key point of differentiation for ARCC.”